Earnings/Financial Reports
TOKYO (BRAIN) — Shimano says soaring raw material costs due the Middle East war may force it to slightly raise prices on bicycle components next month.
SAN MATEO, Calif. (BRAIN) — The Nasdaq Stock Market notified GoPro again on Tuesday its Class A common stock has been below the minimum bid price of $1 for 30 consecutive days, which is in violation of listing rules. It's the latest sign of a struggling action camera brand that's exploring selling or merging.
STOCKHOLM (BRAIN) — Despite what it called a “challenging” North America market and decreased Sport & Cargo Carrier demand, Thule Group's net sales increased slightly year-over-year in the second quarter.
STOCKHOLM (BRAIN) — MIPS net sales increased 72% year-over-year in the second quarter with the Sports category — which includes bike and snow helmet sub-categories — growing by 51%.
TAICHUNG, Taiwan (BRAIN) — Giant Group’s operating revenue in June was nearly 16% higher than in the same month last year, according to a statement the company filed with the Taipei stock exchange on Thursday.
SAN MATEO, Calif. (BRAIN) — GoPro founder and CEO Nicholas Woodman will provide $20 million in financing through the purchase of common stock as the company considers either selling or merging to maximize value for stockholders.
The financing is subject to certain closing conditions.
TAIPEI, Taiwan (BRAIN) — Giant Manufacturing, Merida Industries and Ideal Bike, the three largest publicly traded bike manufacturers in Taiwan, are each reporting their first monthly sales growth figures of the year, a sign of hope for a troubled sector.
PITTSBURGH (BRAIN) — Helped by its acquisition of Foot Locker last year, Dick's Sporting Goods' net sales increased 63% year-over-year in the first quarter.
CAPE TOWN, South Africa (BRAIN) — Leatt Corporation's first-quarter revenue increased 27% year-over-year with growth in all major product categories led by helmet sales.
SAN MATEO, Calif. (BRAIN) — In what it's calling a "strategic process," the GoPro Board of Directors announced Monday it's considering selling or merging the company to maximize its value for the stockholders.
TAICHUNG CITY, Taiwan (BRAIN) — Following last week’s release of Giant Group’s first-quarter financial details, the company’s April revenue statement showed a decline year-over-year, albeit a smaller decline than in the first three months of the year.
TAICHUNG CITY, Taiwan (BRAIN) — Giant Group is noting that new product launches helped increase its gross margin rate in the first quarter, when the manufacturer recorded a net loss after tax of NT$200 million ($6.37 million).
TAIPEI (BRAIN) — Taiwanese bike makers Merida Industry and Ideal Bike are each reporting sales declines in April, following on declines reported for the first three months of the year.
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